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Home Breaking News

Port Qasim Authority revenue increases by 29pc in FY2020-21: Ali Zaidi

byCT Report
05/01/2022
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: Federal Minister for Maritime Affairs, Ali Zaidi announced that Port Qasim Authority (PQA) revenue increased by 29pc in the fiscal year 2020-21.

Sharing a yearly performance report of the PQA from his Twitter handle, Ali Zaidi said he is happy to share the outstanding performance report of the Port Qasim Authority as it generated Rs19.76 billion profit during last year.

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Apart from generating record profit, the annual expenditure of the port were reduced by 2.18pc during the last fiscal year, Ali Zaidi said and added that the authority paid Rs8 billion in terms of taxes to the federal government.

“State institutions are moving in right directions under the leadership of Prime Minister Imran Khan,” Zaidi said in his tweet.

Earlier, Federal Minister for Maritime Affairs Syed Ali Zaidi expressed the determination that the Pakistan Tehreek-i-Insaf would revive itself in Sindh to become next ruling party of the province in line with the vision of Prime Minister Imran Khan.

Visiting the party headquarters called Insaf House first time after becoming PTI’s Sindh president, the federal minister discussed a sketchy plan to revive political activities across the province with senior party workers

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